Apple will build iPhones in India, widening its market there
Apple will build iPhones in India, widening its market there
It didn’t take Apple CEO Tim Cook long. He visited India for the first time just short of a year ago. Now comes word that Apple will begin assembling iPhones in Bangalore within a month or two. India is the world’s second-largest smartphone market and growing fast. With China just about tapped out on expensive phones, the Indian market could hold the key to Apple’s future growth. The potential for the tech company is huge. But the hurdles Apple needs to clear are pretty big, too.
Click the audio player above to hear the full story.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.